Water Views
Address
858 S Coast Highway Laguna Beach, CA
Price
$ 6,950,000
Property Attributes
  • MLS#OC19274338
  • TypeCommercial
  • CountyORANGE
  • CityLaguna Beach
  • AreaLaguna Village
  • Zip92651
  • StyleMixed Use
  • Price$ 6,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.4 Acres
Listing Provided Courtesy Of:
Kevin Bayless with Bayless Real Estate.
Data Source:
CRMLS
Property Description

• Landmark Laguna Beach Restaurant — Recently rebuilt Trophy Restaurant with ocean views, high visibility, open seating for 131 people and full liquor license currently in place. • Historic Cottages — Two historic cottages with potential mills act tax protection. • Rare On-Site Parking — The property features 17 onsite spaces in the restaurant parking area and another 6 striped spaces in the residential portion of the property. • Prime Hip District Location — Located just four blocks from Main Beach Laguna and within walking distance of numerous art galleries, restaurants, boutiques and other retail amenities. • High Barriers to Entry — Minimal vacancy in an established coastal community with limited future competition from new or redeveloped properties due to a scarcity of available land. • Affluent Demographics & Tourist Destination — This landmark property is a destination location for both residents and tourists in this coastal community.

Price History
12/3/2019 Listed $7,500,000
3/3/2021 8% - $6,950,000

General Features

Additional Parcels Y/N Yes
Business Type Mixed, Restaurant, Retail
MLS Area LV - Laguna Village
Property SubType Mixed Use
Property Type Commercial Sale
Terms Cash, Cash to New Loan

Interior Features

Laundry Features None

Exterior Features

Lot Features Irregular Lot
Lot Size Acres 0.4
Lot Size Area 17500
Lot Size Source Appraiser
Lot Size Square Feet 17500
Lot Size Units Square Feet
Number of Buildings 3
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92651

Price
AVG $1.6M
$6.95M
Visits
AVG 106
252
Year Built
AVG 1977
2004
Walkscore
AVG 66
93
Data Provided by Walkscore ® not using MLS data

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